SYSTEM AND METHOD FOR OPTIMIZED REDEMPTION OF CREDITS IN A VARIABLE VALUE TRANSACTION
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
N/A
Issued Date -
Mar 28, 2013
app pub date -
Sep 19, 2012
filing date -
Sep 25, 2011
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
A system and method of optimizing the redemption of credits in a variable value transaction are disclosed. The variable value transaction may involve a piece of media content and include an initial balance and a remaining balance. The initial balance and the remaining balance may be dependent on the piece of media content and when the variable value transaction is completed. The remaining balance may not be known until the variable value transaction is completed. Credits may be assigned an order of availability for redemption based on credit redemption criteria such as a redemption priority, a product value, an expiration date, and/or a redemption value. The credits with a higher order of availability may be redeemed prior to credits with a lower order of availability.
First Claim
Other Claims data not available